One such article was from CoinTelegraph, which stated that Temasek had invested US$10 million ($13.4 million) in Array.
The news was allegedly made by Array on May 1 where the raise was the company’s second round and brought its valuation to US$100 million.
The news came several months after Temasek announced, in November 2022, that it would be writing down over US$200 million that it had put into FTX. The amount was said to be between US$200 million to US$300 million.